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Government announces multi-billion investment in mobile technology

Written by on December 1, 2020

The Government has announced a €4.3bn investment in next-generation 5G mobile phone technology, and expanded broadband reach by 2025.

The announcement came as it was confirmed that €883 million has been earmarked for internet connectivity across Spain, with rural areas becoming better connected.

Finance Minister Maria Jesus Montero said the Government also expects companies will invest around €24 billion euros on 5G technology in the country by 2025.